Former Manchester City player Ray Ranson says he has made an offer to buy the club.
Ranson, who is a former City full-back, has yet to receive a response from the club’s board and is currently considering making a further proposal.
Multi-millionaire Ranson, 46, is said to have made a 90m offer for the club.
City, whose […]
Insurance firms have been warned by the Financial Services Authority (FSA) to improve the way they “cold-call” potential customers.
After looking at the way 43 firms sold insurance policies over the phone, the FSA that customers were in danger of being treated unfairly.
The FSA said the standard of sales involving cold calling was “poor”.
However, the […]
Schools will be able to teach personal finance to 14-16 year olds from September this year.
The Institute of Financial Services has launched two new s for them - a foundation certificate and an intermediate certificate.
The Institute will supply the curriculum, teaching materials, and exams for schools to offer their pupils alongside GCSE topics.
The courses will […]
BBC Radio 4’s Money Box has been named Financial Programme of the Year at a prestigious ceremony in London.
Money Box Presenter Paul Lewis collected the award at the Association of British Insurers (ABI) event on Wednesday.
Other nominees in the Financial Programme or Broadcaster of the Year category were the BBC’s Andrew Verity and Declan Curry.
The […]
Thinking of giving your finances a new year makeover but don’t know where to start? An industry expert explains what types of financial advice are on offer and how much it costs.
There are a number of reasons why people first turn to a financial adviser for help.
You may be looking for the best way […]
An insurance firm is creating almost 200 jobs in Newport, south Wales.
The customer service positions at Lloyds TSB Insurance will bring the total number of staff at the firm’s Tredegar Park base to nearly 900.
is set to take place over the next four months, for roles including claims and team leaders.
Newport […]
Financial services firms that sell Payment Insurance (PPI) have been told they must improve their selling methods.
The Financial Services Authority (FSA) demanded urgent action after visiting firms and a mystery shopping exercise.
About a third of the 45 firms surveyed sold policies on which customers could not claim or which gave limited cover.
PPI is […]
So it is “no bad thing” if students abandon philosophy, literature and history and turn to nursing, social work and engineering.
That was the view of Higher Education Minister Bill Rammell in response to the latest UK university figures.
These appeared to show a “top-up fees” effect, with many universities showing a big decline […]
Some insurers and financial advisers are failing to treat their investors fairly, according to the City watchdog.
The Financial Services Authority (FSA) said insufficient advice and “variable quality” after-sales service was being given to with-profit policyholders.
In particular, the FSA was worried that after-sales was jargon-heavy and missed out key information.
The FSA warned insurers and financial […]
For once the US stocks have featured prominently among the gainers on the Global 30.
The US market has really been a disappointment for investors this year, but the European and Asian sell-off that marked this month affected the Dow only slightly.
Equities remain attractive since money is cheap with long term interest rates low, […]